October NY world sugar #11 (SBV25) on Friday closed up +0.08 (+0.52%), and December London ICE white sugar #5 (SWZ25) closed up +1.10 (+0.24%).
Sugar prices settled higher on Friday as they consolidated this week's sharp losses. On Thursday, NY sugar slumped to a 4.25-year nearest-futures low, and London sugar slid to a 4-year low. Ramped-up sugar production in Brazil is boosting supplies and undercutting prices. Unica reported Wednesday that Brazil's Center-South sugar output in the second half of August rose by +18% y/y to 3.872 MT. Also, the percentage of sugarcane crushed for sugar by Brazil's sugar mills in the second half of August increased to 54.20% from 48.78% the same time last year. However, cumulative 2025-26 Center-South sugar output through August fell -1.9% y/y to 26.758 MMT.
